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Reuters over an hour ahead with Sberbank 2010 results

Reuters over an hour ahead with Sberbank 2010 results

Reuters was over an hour ahead of local news agencies in reporting Sberbanks market-moving 2010 results and remained alone with news of the better-than-expected result as the stock market opened. Competitors and analysts phoned Reuters to ask about the Jan. 25 news, which lifted shares in Russias biggest bank, a $77 billion stock, by 1.5 percent, outperforming a flat MICEX index.

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